Mate< State Street and others lend out shares to the Shorters, who in turn pay State Street a premium to do it.
If the SP drops to below the lent out price then they will buy the shares back at the lower SP price (pocketing the difference) and return the lent shares to State Street.
My take on it and others my add or trash it.
Cheers and hold em tight as the rear end of a fish.
SS
Banter and general comments, page-23442
-
- There are more pages in this discussion • 16,043 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add CXO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
10.5¢ |
Change
0.005(5.00%) |
Mkt cap ! $225.0M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.8¢ | 10.0¢ | $530.2K | 5.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 214 | 14378761 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 854495 | 13 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| CXO (ASX) Chart |